Global Alkaline Water Electrolyzer Market 2023-2030

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    GLOBAL ALKALINE WATER ELECTROLYZER MARKET

     

    INTRODUCTION

    An alkaline water electrolyzer is a device that splits water into hydrogen and oxygen gas using electricity in a liquid alkaline solution of potassium hydroxide (KOH) or sodium hydroxide (NaOH).

     

    It has two electrodes separated by a diaphragm that allows hydroxide ions (OH-) to go from one electrode to the other while preventing the resultant gases from mixing.The electrodes are often made of nickel-based metals, which are stable and efficient water splitting catalysts.

     

    Alkaline water electrolysis is an established technique that has been used in the chemical industry for decades and is capable of being fueled by renewable energy sources such as solar and wind.  It has the potential to provide clean hydrogen fuel for use in transportation, power generation, and industrial.

     

    Some of the advantages of alkaline water electrolysis are: It is a mature and safe technology that has been used for many industrial applicationsIt can scale up to large production capacities of hydrogen It uses cheaper catalysts than other types of water electrolysis, such as nickel-based metals instead of platinum group metals.

     

    It has higher durability due to an exchangeable electrolyte and lower dissolution of anodic catalyst Some of the disadvantages of alkaline water electrolysis are: It is very energy demanding with high capital investment, operation, and maintenance costs

     

    It has a slightly higher power consumption than other types of water electrolysis, such as proton exchange membrane (PEM) electrolysis and electrolysis of water vapor It requires a high concentration of alkaline solution (20-40 wt.%) which can be corrosive and hazardous It operates at a low current density (0.2-0.4 A/cm 2 ) and a high cell voltage (1.8-2.40 V) which reduces the efficiency and performance of the system.

     

    GLOBAL ALKALINE WATER ELECTROLYZER MARKET SIZE AND FORECAST

     

    infographic : Alkaline Water Electrolyzer Market , Alkaline Water Electrolyzer Market Size, Alkaline Water Electrolyzer Market Trend, Alkaline Water Electrolyzer Market ForeCast, Alkaline Water Electrolyzer Market Risks, Alkaline Water Electrolyzer Market Report, Alkaline Water Electrolyzer Market Share

     

    The Global Alkaline Water Electrolyzer market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    NEW PRODUCT LAUNCH

    HyLYZER® – 1000 is a water electrolyzer system based on proton exchange membrane (PEM) water electrolysis technology. It is manufactured and marketed by Cummins Inc. According to the product specification sheet, some of the features of HyLYZER® – 1000 are: It can produce 1000 Nm3/h (2160 kg/day) of hydrogen with a delivery pressure of 30 bar g (435 psig) without a compressor.

     

    It has a hydrogen quality of 99.99% dry basis, with optional higher purities available3 It has a DC power consumption at stack of 40 to 50 kWh/kg (3.6 to 4.5 kWh/Nm3) and a system specific consumption of ≤ 51 kWh/k It has an operating range of 5-125% and a part-load range of 20-40% It requires utilities such as electrical power, demineralized water, cooling water, HVAC, instrument air, and nitrogen for purge.

     

    It has a total footprint (including maintenance area) of electrolyzer dimensions (L x W) = 8.4 m x 2.3 m (27.7 x 7.5 ft) and rectifier dimensions (L x W) = 4.5 x 2.5 m (14.8 x 8.2 ft) It is designed for indoor installation with a temperature range of 5°C to 40°C / 41°F to 104°F.

     

    MARKET ANALYSIS

    Nel Hydrogen, which is the recognized industry leader of alkaline and proton exchange membrane (PEM) water electrolysis with more than 3,500 electrolysers installed around the globe.

     

    PERIC, which is a state-level R&D institute in China with a huge manufacturing base for alkaline and PEM water electrolysis Cummins Inc., which manufactures and markets HyLYZER® – 1000, a compact, modular water electrolyzer system based on PEM water electrolysis technology.

     

    LONGi Hydrogen, which is a subsidiary of LONGi Green Energy Technology Co., Ltd. and has produced a large-scale alkaline water electrolysis hydrogen production system.

     

    McPhy, which is a leader of high-pressure alkaline electrolysis and offers the widest range of electrolysers on the market thyssenkrupp, which is a leading supplier of alkaline water electrolysis plants with over 600 plants installed worldwide and a capacity of over 10 GW.

     

    COMPANY PROFILE

    • Nel Hydrogen
    • McPhy
    • Thyssenkrupp
    • PERIC
    • Cummins Inc.

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Alkaline Water Electrolyzer are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Alkaline Water Electrolyzer and key vendor selection criteria
    3. Where is the Alkaline Water Electrolyzer manufactured? What is the average margin per unit?
    4. Market share of Global Alkaline Water Electrolyzer market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Alkaline Water Electrolyzer in-house
    6. key predictions for next 5 years in Global Alkaline Water Electrolyzer market
    7. Average B-2-B Alkaline Water Electrolyzer market price in all segments
    8. Latest trends in Alkaline Water Electrolyzer market, by every market segment
    9. The market size (both volume and value) of the Alkaline Water Electrolyzer market in 2023-2030 and every year in between?
    10. Production breakup of Alkaline Water Electrolyzer market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2030
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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